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Real Estate:
Buyers and Sellers Guide
When
buying or selling real estate, you are making a transaction that involves
thousands of dollars and more legal issues are involved than you think. The minimal amount paid to an attorney to
protect your interests is small in comparison to the rest of your investment
and the problems that may develop without legal advice.
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Selling Your Home or Property?
 When a Seller chooses us to represent them
in the sale of their home or property, there is a multi-step process that we
go through to prepare them and make sure that the legal end of the deal goes
smoothly. All clients, no matter what
kind of matter, go into our database so that we can serve them more
efficiently. A standard form is given
to all Sellers to fill out. This form
gives us information about the house for sale, such as the heating element used
and mortgages taken out on it. This
form is standard for most attorneys, but our database can make it a simpler
process for the Seller. After we have
the necessary information from the Seller, and the Contract of Sale in our
possession, Attorney Review begins.
Attorney Review Period is a time when both attorneys review the Contract
to make sure that everything is okay for their client. Depending on the other Attorney and the
complexity of the Contract, this process will take a few days. The attorneys stay in contact with each
other to make sure everything is going okay and a Closing Date is
finalized. Some attorneys bill real
estate clients hourly; that can get expensive. We have flat closing rates, depending on the complexity of the
deal. Our rates are competitive and
are some of the lowest around. If for
some reason the Contract is void and the sale does not happen, the client is
only billed for the hours put in, not exceeding the flat rate amount. Contact our office to find out what your
rate would be.
Buying a Home or Property?
When we are chosen by a Buyer to be representative
of them in the purchase of a new home
or property, there is a multi-step process that we go through to
prepare them and make sure that the legal end of the deal goes smoothly. All clients, no matter what kind of
matter, go into our database so that we can serve them more efficiently. This database houses all realtors and
attorneys, whom we have ever dealt with.
We contact the Sellers’ attorney and the realtors to let them know
that we are representing this Buyer in the purchase. After we have all of the necessary
information, and the a copy Contract of Sale in our possession, Attorney
Review begins. Attorney Review Period
is a time when both attorneys review the Contract to make sure that everything
is okay for their client. Depending
on the other Attorney and the complexity of the Contract, this process will
take a few days. The attorneys stay
in contact with each other to make sure everything is going well and a
Closing Date is finalized. Some
attorneys bill real estate clients hourly; that can get expensive. We have flat closing rates, depending on
the complexity of the deal. Our rates
are competitive and are some of the lowest around. If for some reason the Contract is void and the sale does not
happen, the client is only billed for the hours put in, not exceeding the
flat rate amount. Contact our office
to find out what your rate would be.
Real Estate Terms Explained
Attorney Review
Dual-Disclosed Agent
Contract of Sale
Inspections
Buyer/Buyers’ Attorney/Realtor
Seller/Sellers’ Attorney/Realtor
Certificate of Occupancy
Smoke Detector Certificate
Closing Fees & Attorney Costs
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